BONE Token Gains Momentum With New Exchange Listing

Key Points:

  • Shiba Inu’s governance token BONE secures new exchange listings.
  • BONE takes the lead in Swyftx’s poll with 90.7% of the votes.​
  • BONE remains one of the most requested tokens on Unocoin’s platform.
Shiba Inu’s governance token, BONE, continues to gain exposure as it secures yet another exchange listing.

This time, it has been listed on Swyftx, a digital currency exchange based in Brisbane, Australia. Swyftx announced the listing in a tweet, revealing that Shibarium token can now be traded on its platform. The governance token, which also serves as the Shibarium gas token, allows owners to vote on various proposals within the ShibaSwap community. Its listing on Swyftx is expected to increase its visibility and accessibility to a wider audience of crypto traders and enthusiasts.

It is worth noting that Swyftx conducted a poll to determine which tokens to list next, with BONE and Alchemy Pay (ACH) as the two options presented to voters. Following the poll, BONE emerged as the clear winner with 90.7% of the votes cast, while Alchemy Pay received only 9.3%. This result is a testament to the growing popularity and demand for BONE, which is also one of the most requested tokens on Unocoin, an Indian Bitcoin and crypto trading platform that recently announced its listing.

In addition to its growing exposure through exchange listings, BONE has also seen significant activity in terms of token burns. According to Shibburn Twitter, a total of 21,654,248 SHIB tokens were burned in three transactions within the past 24 hours. This marks a nearly 22% drop in the daily burn rate compared to the previous week, during which a total of 282,730,986 SHIB tokens were burned in 22 transactions.

Shytoshi Kusama, the lead of Shiba Inu, has teased the community with an upcoming addition to the ecosystem, set to be revealed in early July. Kusama hinted that the new addition will be showcased in a trailer, adding to the excitement and anticipation surrounding the Shiba Inu project. With these developments, it is clear that the Shiba Inu community and its assets are continuing to grow and evolve, with BONE at the forefront of this expansion.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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